- KingsCrowd portfolio users are being more conservative this year than in prior years with online startup investments.
- Compared to January through July of 2022, total tracked investments in KingsCrowd portfolios are down $5,993,080.
- From January through July 2022, 6713 investments were tracked in KingsCrowd portfolios, compared to just 2658 in 2023.
- The average amount committed per investment also decreased by $268.
- These trends are consistent with general economic uncertainty and fear of entering a recession that permeated public sentiment throughout much of 2023
Note: All data on online startup investing used for the Chart of the Week comes from the KingsCrowd database and represents a snapshot of the U.S. crowdfunding market.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
About: Olivia Strobl
Olivia comes to KingsCrowd with a background in venture capital and technology. She spent time at Glasswing Ventures, an AI-focused venture fund in Boston, before joining the KingsCrowd team. There she helped develop machine learning algorithms for the opportunity qualification of preseed and seed-stage startup companies. Prior to her time at Glasswing, Olivia worked in a lab studying the neural correlates of attention. She holds a degree in Neuroscience from Wellesley College.
